Kraken's parent company Payward has announced that it has agreed to acquire the stock and crypto derivatives trading company Bitnomial for $550 million. This is a cash and stock transaction that enables Payward to gain control of a fully licensed U.S. cryptocurrency derivatives stack, accelerating its expansion in regulated markets.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Payward Agrees to Acquire Crypto Derivatives Firm Bitnomial for $550 Million
-
Wechat scan to share
Recommended for you
-
US and Iran Discuss Plan to End War
On April 17, U.S. media reported, citing two American officials and two sources familiar with the negotiations, that the United States and Iran are communicating about a plan aimed at ending the war. One key topic is the U.S. potentially unfreezing $20 billion of Iran's frozen assets in exchange for Iran giving up its enriched uranium stockpile. The report also quoted another source familiar with the mediation efforts, stating that negotiations are expected to take place this Sunday in Islamabad, the capital of Pakistan. (Xinhua News Agency) -
ETH Surpasses $2400
Market data shows that ETH has surpassed $2400, currently priced at $2402.37, with a 24-hour increase of 2.58%. The market is experiencing significant volatility, so please ensure proper risk management. -
US Plans to Unfreeze $20 Billion in Funds for Iran's Uranium Cessation
On April 17, according to AXIOS, two US officials and two sources familiar with the negotiations revealed that the US and Iran are negotiating a three-page plan to end the conflict, one element of which involves the US unfreezing $20 billion of Iranian funds in exchange for Iran abandoning its enriched uranium stockpile. According to the two sources, in the early stages of negotiations, the US proposed unfreezing $6 billion for humanitarian supplies, while Iran requested $27 billion. The latest figures being discussed between the US and Iran are $20 billion. One US official stated that this is the US proposal. Another US official described the concept of 'cash for uranium' as 'one of many discussions.' Meanwhile, the US is demanding that Iran agree to send all its nuclear materials to the US, while Iran has only agreed to 'dilution' within its territory. Under the compromise being discussed, some highly enriched uranium would be sent to a third country (not necessarily the US), while some would be diluted under international supervision within Iran. -
Iranian Foreign Minister Amir-Abdollahian: Commercial Shipping in the Strait of Hormuz is Open
On April 17, Iranian Foreign Minister Amir-Abdollahian announced that commercial shipping in the Strait of Hormuz is now open. -
Senator Pressures U.S. DOJ and Treasury on Binance-Iran Fund Flow Issues
On April 17, U.S. Senator Richard Blumenthal (Democrat, Connecticut) sent a letter to the Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN) requesting clarification on the status of two compliance supervisors at Binance. Reports had previously indicated that internal investigators at Binance warned executives about over $1 billion in funds flowing to wallets related to Iran, but were subsequently fired. Binance denies that the dismissals were related to the investigation's findings and claims that its compliance system is stringent. Notably, the DOJ had previously terminated independent oversight requirements for Glencore and Boeing, raising concerns about whether similar oversight mechanisms have also been suspended for Binance. In 2023, Binance was fined $4.3 billion for failures in anti-money laundering and sanctions compliance, and the two supervisors were part of the agreement at that time. -
Goldman Sachs: Without Monetary Policy Support, US Stock Gains May Be Unsustainable
On April 17, Goldman Sachs' head of asset allocation research, Muller-Grissman, stated that the recent rise in US stocks requires the Federal Reserve to restart interest rate cuts to maintain momentum. He described the recent stock market rebound as a 'rapid and intense recovery phase,' partly driven by technical factors, including hedge funds that previously sold stocks to reduce risk now being forced to rebuild their positions. Although the S&P 500 is expected to rise over 3% for three consecutive weeks, he questioned whether the gains could be sustained without monetary policy support. He noted that while the stock market is rising, oil prices remain high and the credit market is lagging. The strong performance of the stock market is partly due to high exposure to technology stocks. -
Trump Signals Flexibility in Iran Negotiations
On April 17, reports citing a senior official from the Gulf region indicated that U.S. President Trump may be making new concessions in negotiations with Iran. The official added that Trump is serious about the negotiations, aiming to resolve the issue. -
BTC Surpasses $76,000
Market data shows that BTC has surpassed $76,000, currently priced at $76,098.75, with a 24-hour increase of 1.63%. The market is experiencing significant volatility, so please ensure proper risk management. -
US Eases Financial Sanctions on Venezuela but Prohibits Transactions with Chinese Companies, Foreign Ministry Responds
On April 17, Foreign Ministry spokesperson Guo Jiajun held a regular press conference. Guo emphasized that China consistently opposes illegal unilateral sanctions that lack a basis in international law and are not authorized by the United Nations Security Council, as well as the abuse of extraterritorial jurisdiction. The cooperation between China and Venezuela is protected by international law and the laws of both countries, and China's legitimate rights and interests in Venezuela must be safeguarded. (The Paper) -
Cyberspace Administration of China: Strengthening Legislation in AI, Digital Economy, and Blockchain
On April 17, the Cyberspace Administration of China published an article titled 'Building a Rule of Law Cyberspace for the Benefit of the People,' which emphasizes the need to continuously improve the legal regulations that promote and safeguard the development of information technology. It specifically calls for strengthening legislation in areas such as artificial intelligence, digital economy, network infrastructure, satellite internet, and blockchain. The aim is to ensure that wherever information technology develops, network legislation will cover it, using the rule of law to support technological innovation and self-reliance in the cyberspace sector.
Daily Must-Read
-
We helped Xu Mingxing write a book called "<OK Life>".
-
From Lone Trading to AI Agents: OG Agent Ushers in the First Year of Web4.0 Financial Trading Large Models
-
From “Reading Signals” to “Owning a Financial Brain”: How the PINAgent-AI Upgrade Is Reshaping the Way Retail Users Make Money
-
US CPI comes in lower than expected, but April rate cut still unlikely
-
Hong Kong grants first stablecoin licences to Anchorpoint and HSBC
-
Holmez accepts Bitcoin for toll payment, how much can Iran earn?
All Comments